New Delhi: Sohan Lal Commodity Management (SLCM), India’s leading full-service provider in the global post-harvest space for agricultural commodities has been honored with the ‘Sustain Agriculture Award 2021’ by FICCI, the most ancient and the largest association of Indian industry dealing with various fields of activity.
The prestigious award went to SLCM for its proprietary process management system “AgriReach”. In India, where post-harvest losses are estimated at nearly Rs 1 crore, the deployment of the “AgriReach” service framework has significantly contributed to reducing these losses to 0.5% in warehouses managed by SLCM. “AgriReach” combines a series of processes, audits and real-time monitoring of facilities to deliver error-free results and minimize the risk of damage to stored crops. It uses techniques such as geolocation, real-time tracking, barcode storage receipts to prevent theft or pilferage, and internal audits with a “manufacturer and verifier” policy at every level of operation.
As of April 2021, the company has started to execute its warehousing contracts using the proprietary solution “AgriSuraksha”, another product under the umbrella of Agri Reach which incorporates the latest monitoring technology based. on the Internet of Things (IoT). This allows real-time monitoring and interaction with storage site personnel, regardless of infrastructure such as the availability of electricity or whether grain can be stored in the ground under the sky without a roof as well.
In October 2021, SLCM rolled out the beta version of its “AgriReach mobile quality control application” for agricultural products under the “AgriReach” umbrella. The QC app enables 360-degree assessment by a representative sample of stakeholders including processors, traders, exporters, importers, government agencies and financial institutions such as banks.
Commenting on receiving this honor, Mr. Sandeep Sabharwal, Chairman and CEO of SLCM Group, said: “We are delighted to receive this honor from FICCI, India’s oldest and largest trade association covering various business areas. This recognition validates our belief that the use of cutting-edge technologies such as the Internet of Things (IoT), artificial intelligence (AI) and real-time process management solution based on machine learning (ML) can be extended to the agricultural sector for preservation, management and security. (PMS) of the food grain stock.
This award encourages our team to rapidly develop our solutions and applications based on cutting edge technology and take them to the next level for massive adoption by multiple stakeholders, which will be a force multiplier to demonstrate development at the bottom of the pyramid.
The award was received by Mr. Salman Ulla Khan, Chief Business Office, SLCM with Mr. Rakesh Kumar Rana, Chief Business Officer, Digital Initiatives, SLCM on behalf of the organization of a group of dignitaries from across the agricultural ecosystem and distinguished members of the FICCI Agriculture Commission present on the occasion on Thursday, November 18, 2021.